Day: August 12, 2024

180 Degree Capital Corp. to Report Second Quarter 2024 Financial Results on Monday, August 19, 2024, and to Host a Conference Call on Tuesday, August 20, 2024

Written by Customer Service on August 12, 2024. Posted in Earnings Releases And Operating Results.

MONTCLAIR, N.J., Aug. 12, 2024 (GLOBE NEWSWIRE) — 180 Degree Capital Corp. (NASDAQ: TURN) (“180 Degree Capital”) will announce its second quarter 2024 financial results on Monday, August 19, 2024, shortly after the close of the public markets. It will host a conference call on Tuesday, August 20, 2024, at 9am Eastern Time to discuss these results and updates from Q3 2024. This call will be hosted by Kevin M. Rendino and Daniel B. Wolfe, 180 Degree Capital’s Chief Executive Officer and President, respectively. “I would like to thank Daniel and the 180 Degree Capital Board for their leadership and everyone for their concern and well wishes over the last couple of weeks,” said Mr. Rendino. “I am immensely excited to be back to work, and I look forward to speaking with everyone on our shareholder update call next week.” The dial-in...

Toro Corp. Reports Net Income of $1.1 Million for the Three Months Ended June 30, 2024 and $23.3 Million for the Six Months Ended June 30, 2024

Written by Customer Service on August 12, 2024. Posted in Earnings Releases And Operating Results.

LIMASSOL, Cyprus, Aug. 12, 2024 (GLOBE NEWSWIRE) — Toro Corp. (NASDAQ: TORO), (“Toro”, or the “Company”), an international energy transportation services company, today announced its results for the three months and the six months ended June 30, 2024. Highlights of the Second Quarter Ended June 30, 2024:Total vessel revenues: $5.5 million, as compared to $24.9 million for the three months ended June 30, 2023, or a 77.9% decrease; Net income: $1.1 million, as compared to $55.4 million for the three months ended June 30, 2023, or a 98.0% decrease; Earnings per common share, basic: $0.001 per share, as compared to $3.34 per share for the three months ended June 30, 2023; EBITDA(1): $0.2 million, as compared to $56.8 million for the three months ended June 30, 2023; and Cash and restricted cash of $189.2 million as of June 30, 2024,...

Location Analytics Market Set for 13.5% CAGR Surge, Reaching USD 58.39 Billion by 2031 | SkyQuest Technology

Written by Customer Service on August 12, 2024. Posted in Mergers And Acquisitions.

Westford, USA, Aug. 12, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that Location Analytics Market will attain a value of USD 58.39 billion by 2031, with a CAGR of 15.6% during the forecast period (2024-2031). Increasing investments in the Internet of Things (IoT) and the widespread use of smart devices and networks are enabling location awareness, as it enables intelligent applications and connectivity face. It integrates geography with a company’s data assets to gain insights of great value. Company data across all industries, such as information about people, contacts, assets and events, often contains a geographic component, which when combined with business analytics can provide new relevant actionable insights, which can increase productivity.Download a detailed overview:https://www.skyquestt.com/sample-request/location-analytics-marketBrowse...

XBP Europe Holdings, Inc. Reports Second Quarter 2024 Results

Written by Customer Service on August 12, 2024. Posted in Earnings Releases And Operating Results.

Second Quarter Highlights ● Revenue of $36.1 million, down 14.8% year-over-year (14.2% on a constant currency basis)● Gross margin declined to 18.4%, a 630 bps decrease sequentially and 920 bps decrease year-over-year● Net loss of $4.7 million includes $0.7 million of FX losses ● Active revenue ramp of approximately $25 million in ACV (Annual Contract Value)● Completed a comprehensive financing transaction with HSBC to provide up to $33 million of incremental liquidity LONDON and SANTA MONICA, Calif., Aug. 12, 2024 (GLOBE NEWSWIRE) — XBP Europe Holdings, Inc. (“XBP Europe” or the “Company”) (NASDAQ: XBP), a pan-European integrator of bills, payments, and related solutions and services seeking to enable the digital transformation of its clients, announced today its financial results for the quarter ended June 30, 2024. “We...

Mawson Infrastructure Group Inc. Expands into AI and HPC Markets and Announces the Signing of AI/HPC Colocation Agreement for 20 MW

Written by Customer Service on August 12, 2024. Posted in Public Companies.

Initial AI/HPC (Artificial Intelligence/High-Performance Computing) Colocation Agreement Signed Expected to Generate Cumulative Revenue Potential of $285 Million1 through 6-Year Initial 20 MW Contract Term Also Signs a Separate Non-Binding LOI to expand AI/HPC Colocation Business to 144 MW Positions Mawson Infrastructure Group as a Rising Player in the AI and HPC Digital Infrastructure Space MIDLAND, Pa., Aug. 12, 2024 (GLOBE NEWSWIRE) — Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson” or “the Company”), a publicly traded digital infrastructure provider in the United States, today announced that it has entered into a binding AI/HPC (Artificial Intelligence/High-Performance Computing) colocation business agreement (the “Agreement”) with BE Global Development Limited (“customer” or “BE”)...

ZOOZ Power Reports Financial Results for the Six Months Ended June 30, 2024

Written by Customer Service on August 12, 2024. Posted in Public Companies.

Tel Aviv, Aug. 12, 2024 (GLOBE NEWSWIRE) — ZOOZ POWER Ltd. (NASDAQ and TASE: ZOOZ), the leading provider of Flywheel-based power boosting and power management solutions enabling ultra-fast multi ports EV charging, today announced financial results for the six months ended June 30, 2024 and provided a corporate update. “ZOOZ continues to penetrate as a prime solution for power boosting and management of multi-port ultra-fast EV charging where grid power is insufficient”, said Avi Cohen, Executive Chairman and Interim CEO. Mr. Cohen continued, “our ZOOZTER™-100 is now installed at major Charge Point Operators (CPOs) in Europe and Israel, enabling a substantial increase in the number of cars charged daily, reducing charging times, and significantly boosting the total power sold by CPOs. In parallel we continue to invest in...

AITX’s RAD Projects $10M in Guarding Cost Savings for August

Written by Customer Service on August 12, 2024. Posted in Public Companies.

Artificial Intelligence Technology Solutions, Inc.RAD’s new ‘Deter, Observe, Report — Better’ badge symbolizes the next evolution in autonomous security, showcasing RAD’s commitment to enhancing traditional guard duties with cutting-edge technology.RAD Refines Marketing and Messaging, on a Mission to Save Clients $1 Billion with Cutting-Edge Security Solutions Detroit, Michigan, Aug. 12, 2024 (GLOBE NEWSWIRE) — Robotic Assistance Devices, Inc. (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc. (the “Company”) (OTCPK:AITX), today announced a significant milestone in its mission to revolutionize the security industry. The Company’ projects that its autonomous AI-powered security solutions will deliver an estimated $10 million in human guarding cost savings to its clients in...

Firm Capital Mortgage Investment Corporation Announces Exercise, in Full, of Over-Allotment Option

Written by Customer Service on August 12, 2024. Posted in Public Companies.

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Aug. 12, 2024 (GLOBE NEWSWIRE) — Firm Capital Mortgage Investment Corporation (the “Corporation”) (TSX: FC) is pleased to announce that the underwriters of its previously completed public offering of common shares exercised, in full, their over-allotment option, resulting in the issue of an additional 292,500 common shares at a price of $11.30 per share. The exercise of the over-allotment option brings the total gross proceeds of the public offering to $25,340,250. The underwriting syndicate for the offering of shares was bookrun by TD Securities Inc. and CIBC Capital Markets, and included Canaccord Genuity Corp., National Bank Financial Inc., RBC Dominion Securities Inc., Scotia Capital Inc., Raymond James Ltd., Desjardins Securities...

D-Wave Quantum Inc. (NYSE: QBTS) Featured in Syndicated Broadcast Highlighting Extended Product Roadmap, Enhancements to Quantum Cloud Service

Written by Customer Service on August 12, 2024. Posted in Public Companies.

LOS ANGELES, Aug. 12, 2024 (GLOBE NEWSWIRE) — via IBN — D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services, and the world’s first commercial supplier of quantum computers, today announced that it has been featured in a broadcast via NetworkNewsAudio (“NNA”), which delivers additional visibility, recognition and brand awareness to the investment community via distribution to thousands of syndication points. The audio news release covers D-Wave’s announcement that it is extending its product development roadmap with enhancements to its Leap™ quantum cloud service. To hear the audio production, visit: https://www.nnw.fm/XGieR To read the original press release, visit: https://ibn.fm/eb3UH D-Wave announced that it is working to strengthen the connection...

AB INTL GROUP Reports of Financial Results for period ending May 31, 2024 and achieved Net Profitability

Written by Customer Service on August 12, 2024. Posted in Earnings Releases And Operating Results.

NEW YORK, Aug. 12, 2024 (GLOBE NEWSWIRE) — AB International Group Corp. (OTC: ABQQ), an intellectual property (IP) and movie investment and licensing firm, announces its financial results for the period ended May 31, 2024. The financial results have been filed in a 10-Q with the U.S. Securities and Exchange Commission (the “SEC”). Key Financial Highlights: Revenues for the three months ended May 31, 2024, increased 22% to $698,311, as compared to $573,389 for the three months ended May 31, 2023. Net income for the three months ended May 31, 2024, to the amount of $133,034, as compared with a net loss of $647,743 for the three months ended May 31, 2023. Revenues for the nine months ended May 31, 2024, increased 70% to $1,885,311, as compared to$1,108,640 for the nine months ended May 31, 2023. Net loss for the nine months...

Day: August 12, 2024

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